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can crush rock and roll. legendar kiss rockers gene simmons and paul stanley kick off a big expan shun of their restaurants. they're here in first on fox interview to tell us why now is the time to bet on the consumer. even when they say it's not it is always about money melissa: first let's turn to today's market moment. fears over cyprus's bailout led to a choppy day of trading on wall street. the dow managed to eke out a slight gain wi the nasdaq and s&p 500 posting minor laws. the s&p fell for thehird straight seson. that is the worst losing streak of the year. microsoft could be in some hot water with the justice department. microsoft and some of its business partners are being investigated over a foreign bribery claims. government officials in china, italy and romania were allegedly bribed to earn software contracts but shares of microsoft still managed to close the day up slightly. >>> all right we start tonight in cyprus. th parliament rejected the tax on bank deposits, potentially killing the bailout but russia is floating another option, gazprom, which is russia's state-owned
is specific and to the point. one of ben bernanke's biggest critics, former congressman ron paul! he will be here tomorrow. telling us why it is the fed's actions and not budget battles that really matter to your money. lauren: "money" with melissa francis. that's next. melissa: i'm melissa francis and here's what's money tonight. cyprus's parliament shoots down the e.u. bailout so the real across for global markets may be just beginning t could be music to russia's ears? a former top imf official joins to us explain. >>> plus, t. boone pickens said natural gas would revolutionize transportation. every called him a madman but now he is having the last laugh. we'll get his prediction where natural gas prices are headed next. >>> not even a down economy can crush rock and roll. legendary kiss rockers gene simmons and paul stanley kick off a big expan shun of their restaurants. they're here in first on fox interview to tell us why now is the time to bet on the consumer. even when they say it's not it is always about money melissa: first let's turn to today's market moment. fears over cy
. lauren: hi. david: we have wayne angell. we have ron paul. of course his encounters with ben bernanke were legendary, historic. we'll talk to them coming up very shortly. lauren: it will be hard to get answers today because the fed is stuck in this really tough positions. we have to it figure out how to jump-start the economy, not just the stock market. let's go to nicole petallides at new york stock exchange. david: let's start, nicole. we start with fedex it was an extraordinary run-up. it was in the $100 range. it pulls back quite a bit. this is the biggest pullback since 2011? >> certainly is, the biggest pull back since 2011. concerns globally and also going to cut down what they're shipping over it asia. lauren: how is oracle looking ahead of their earnings release, nicole? >> we're watching oracle closely in the tax realm. we'll see whether or not they have earnings. [closing bell rings] david: best buy up another 5%. that stock can not be denied. as you her the bells are ringing on wall street. looks like the indexes are going to keep essentially where they were before and aft
of stricter gun control. all of this despite setbacks in the senate. joining us now, eric pratt, paul, former president of the brady campaign, professor at indiana university. thank you, both, for being here. i want to start out with wayne la pierre saying the nra supports a bill to get records of those adjudicated mentally, inexcellent, and dangerous into the system and enforcement of stronger laws, and punishments for gun trafficking. that is, i think, a fairly impressive list of things that the nra supports. paul, can you and the brady campaign then join hands with the nra on those issues? >> i was happy to work with the nra members to make sure we passed a bill to get more records into the background checks system, but with all of those things, unless we require background checks on sales, we're not going far enough. yes, they talk about things that make sense, yes, they talked about things in the past, and wayne supported universal background checks back in 1999, changed the mind apparently now, but we have to do checks on nearly every sale to keep people that have felony records and dan
and entertainment correspondent and paul lee, a partner at light bank. paul has led the firm's investments investments. paul, go ahead. what are your initial reactions to this concept? >> huge opportunity. obviously i agree with the entrepreneur in terms of neighborhoods being a fundamentally different social network. the question really comes down to scaleability. like how are you going to knock down neighborhood by neighborhood. and the penetration there while difficult would create significant barriers to entry for the competition. i think it's really interesting. >> local and hyperlocal seems to be a trend in this world that we're looking at julia. your reaction? >> i think the interesting thing here is going to be how they really distinguish themselves from the other tools. you could create something similar to this with google circles. you could create a private group within facebook. the question is how they will get people to sign up for a whole new social network and i wonder if there's an opportunity to layer them on top of facebook. >> i wonder where the revenue stream is going
ii fell victim to an assassination attempt -- john paul ii fell victim to an assassination attempt. the vehicle was filled with plexiglass to protect the pope. the pope stopped to kiss some babies and he even got out and went to comfort a sick one. he talked about st. joseph in his homily and st. josephs need to protect the poor, the downtrodden and the fragile. it was a representation of the thing he was talking about. he also had another part of his mess arm for the assembled dignitaries. there were 130 around the world, including 30 heads of state who were here, and a dozen or so heads of government as well as officials from various religions around the world. he said authentic power is service. that must have been one of the message that he wanted to get across because he later tweeted that same line. >> and for all of the change that's happening, there's gonna be a lot of similarities because there's very little chance of any change as far as leaning toward liberal stances, roles of women in the church, gay marriage and abortion, correct? >> reporter: that is correct. he's put
threat. school is set to begin in about 30 minutes. and paul chambers is there now with more information on what led to the increase security at this school. good morning, paul. >> reporter: good morning. there's increased police officers out here and been out here since 7:00 this morning. be greeting students and staff today. we're greated here by the superintendent to tell us what's going on and the purpose. good morning sir. >> we received a vague email threat posted on facebook. and what we're doing is working with the police department to make sure the schools are safe. >> and we have officers out here all day. how will that work? >> we will have officers here and security here for the future. >> how are you guys handling that situation? did you find it yourself? >> it was reported by a student they seen the posting and brought it to one of their teachers and we turned it over to the police department to research. >> and once again what are you doing to keep students and staff safe? >> we have a large police presence on campus. we have increased security in other ways and hopefully
that back in 1981, john pawl ii fell victim to an assassination attempt -- john paul ii fell victim to an assassination attempt. the vehicle was filled with plexiglass to protect the pope. the pope stopped to kiss some babies and he even got out and went to comfort a sick one. he talked about st. joseph in his homily and st. josephs need to protect the poor, the downtrodden and the fragile. it was a representation of the thing he was talking about. he also had another part of his mess arm for the assembled dignitaries. there were 130 around the world, including 30 heads of state who were here, and a dozen or so heads of government as well as officials from various religions around the world. he said authentic power is service. that must have been one of the message that he wanted to get across because he later tweeted that same line. >> and for all of the change that's happening, there's gonna be a lot of similarities because there's very little chance of any change as far as leaning toward liberal stances, roles of women in the church, gay marria
this, we david. we heard, among other things, rand paul talking about a completely new position for him on immigration. what's going on? >> well, the immigration story is just good news for those of us who want a comprehensive solution. whether it's the-- what's happening on immigration is we failed probably seven, eight years ago, but now it's just moving. and so there's a groom of eight senators in the senate who are working together to come up with a bill, and they've overcome what used to be the main hurdle which is how-- what are we going to do with the 11 or 12 million who are here. they have more or less got that. now they are arguing how we get the long-term flow of. so suddenly you're seeing progress, and that's in the senate. in the house, you're seeing some private meetings where they are making progress there, too, which is actually a harder job under the aegis of leadership of both parties. i think it's quite likely what we couldn't do a couple of years ago we're going to do this time which is have a exrepsive immigration reform bill and fix the system. >> woodruff: and a b
a bank bailout plan for cyprus means for trouble. >> paul krugman diagnoses american's biggest economic challenges and builders say demand for homes up and so are costs and buildable land is scarce. why home builders aren't as confident. we have that and more starting right now. >> good evening. tyler, it's amazing how one small country in the mediterranean can create big problems for the rest of the world. >> this is a tiny bite. stock markets around the world wobbles as part of the plan to bailout cyprus. part of the plan will take money from the depositors. cyprus has an economy the size of vermont but the assets eight times more than the country's gdp. therein the financial woes come as no surprise to analysts. listen to what alan greenspan said friday. >> europe has been hanging over the american markets for quite a while. the removal of that risk, i think temporarily, i think it is only temporary, has enabled the underlying forces of the market to begin to come into vision. >> and today, the clearer vision that greenspan referred to was clouded the cyprus, we have the report by cy
netflix. and paul meeks who covers apple. gentlemen, good morning. welcome to both of you. tell us a little bit about netflix. where do you think it is heading? >> it's $10.5 billion enterprise company. three businesses. domestic streaming business, which only makes 100 million per year. the old buy mail dvd business which makes $5 million. and the international streaming business which loses 5 million. the old cash cow is running out steam. they're trying to switch over to the new screaming business. life could get tougher as some of the big companies get in the market through tv everywhere. at the current price, 190 we think the valuation is stretched. not a huge margin of safety especially with the increasing competition. >> you think it's 160. >> about 160. so below the 190 it's trading at now. >> did you see house of cards? >> i loved house of cards. >> is that helping them get business or no? >> originally their competitive advantage was they could better serve. they could personalize. that advantage is going to go away. they offer more on demand. hbo go is popular. they need
, becoming reminiscent of a cold war. >> tea party favorite senator rand paul is endorsing a path to citizenship for the nation's illegal immigrants. >> paul is expected to unveil his proposal in a speech today at the u.s. hispanic chamber of commerce. endorsement put paul with a growing number of republicans who hope the policy shift will broaden the gop's appeal to latino voters. >> a new survey finds that president obamas job approval rating has dipped below 50 percent of the first time since september. >> the cnn poll shows that the spotlight in recent months on fiscal and budget issues are contributing to the drop in numbers. meanwhile, 54 percent of americans have an unfavorable view of the republican party. the poll numbers come a day after the republican national committee released a major review of their performance in the 2012 election. >> a boost for backers of same-sex marriage. former secretary of state hillary clinton joined in ever increasing list of politicians to come out in support of same-sex unions. clinton jointer husband, former president bill clinton, presid
tax brackets. you are calling for two. paul ryan and his budget calling for two. washington seems to not be able to make this happen. what's going to change? >> well, the house of representatives just passed the ryan budget. as you say, the tax reforms takes us to to rates. core rate, 25%. the balance without raising taxes. every pound and it tells you, the only way to balance the budget, the only way to reform government is to have tax increases in the makes. this is actually squared by cbo and joint tax to be a sound budget. it passed the house of representatives. we are getting today is of the senate will vote on a budget. they have not done that and over 1400 days, for use at is the beginning of the senate getting their act together the democratic senate has not been doing its job for more than four years now. cheryl: all right. let me like a couple of things with you. in particular, i think this is important and we have graphics to back this up. if you look at the tax structure and the population that are paying taxes and those that are not, the bottom 20 percent don't pay an
the paul ryan thing with the big asterisk and say -- >> what do you think? >> that's exactly the way you have to approach this. we do need -- first off, this issue is about 5, 10, 15 years from now, stablelizing the debt at less than 15% gdp and the essence getting entitlements under control in the out years. as part of that, you have to have tax reform and significant tax reform. and actually, simpson/bowles, a commission i served on, laid out a way to do it, got the tax rates down on the personal side to 9, 15 and 23% and the corporate to 26%. and you need to bring the corporate rate down to 24, 25, 26% and need to go to a territorial system. but you can't do that independent of the individual system, because if you have a huge gap between the top individual rate, say today it's at 42.5%, and if you took the corporate 25%, everybody started -- >> because then you have small business. small business got screwed at the expense of big businesses in the last tax bill. so you're right. so i -- look, i say, you're going to have big problems if you try to have a big personal and corporate tog
to the president's desk for his signature. the house also approved as you mentioned on party-line vote paul ryan's republican budget which cuts 4.6 trillion dollars over the next decade to balance the budget in part by repealing obamacare but it is dead on arrival in the democratically controlled senate. >> i would not call the house republican bill balanced. their balance says that the wealthiest americans, the biggest orporations, don't contribute to this problem at all. everything is done on the backs of our middle class families. so, mr. , president, yes, balance is an important word. it is an important word to every family, every community, every american. >> but, that did not stop paul ryan. >> the stanford economists that looked at this budget last week said, 500,000 jobs right away. $1500 more in take-home pay for families in the first year. 1.7 million jobs and 4 thou better take-home pay on average for families in the 10th year. this family will protect and strengthen medicare. it begins, yes, by repealing obamacare. >> right now the state of play is that the senate is still in sessio
in the republican party seem to be conservatives. they have marco rubio, the ran d paul. republicans want women to hear their motives. women to hear their motives. i have to say, what are you going to say, you want their vote and you want them to understand how you you're goingo create a better community. i think you need to put together that idea that maybe the republican party will be run less by the business roundtable and the chamber of commerce and more by middle-class americans who want a better future for our families and for our nation. just a thought. >> the president's choice to lead the labor department is controversial and radical. our "a-team" will tell us if thomas perez can get the force back to work. eight hands, $43 million, the story of a storybook casino heist that looks a lot like a movie, but it is oh, so real. everybody who stayed silent on the rape of a 16-year-old girl faces the prospect of charges. and the trial underway again, leaving defense attorney with us next. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a d
approved representative paul ryan's controversial budget. through $4.6 trillion in spending cuts, the bill aims to balance the federal budget in ten years. it would repeal the affordable care act and turn medicare into a voucher program. house speaker john boehner said ryan's budget helps balance the federal budget. "the american people overwhelmingly support balancing our budget, a budget senate democrats are considering never balancing. that means more debt, fewer jobs, and, frankly, much higher taxes." meanwhile, democrats criticized the bill's lack of funding to healthcare programs. "one of the core elements of the ryan budget plan that gives us real partisan concern is that it doesn't keep our promises to our seniors, to our veterans, to our most vulernable population." the budget has no chance of passing the senate. lawmakers leave capitol hill for a two week recess after today. is this a countdown to bankruptcy? the little island of cyprus, already on financial life support, its banks all closed this week, desperately needs a bail-out. so how do depositors get their money out? line
's ring during the mass that once belonged to pope paul vi and the code of arms will be simple. earlier he met with the president of argentina, which might have been a little awkward since the two clashed over the president's socially liberal policies when the pope was archbishop of buenos aires. joe biden will lead the delegation tomorrow. house democratic leader nancy pelosi is also a member of the delegation along with a bipartisan group of nine leaders that includes anna eshew biden is the first roman catholic of the united states. today he's meeting with leaders in italy. we'll go live to rome in a few minutes for more on the ceremony. >>> police officers are fan out all over southern california and look they will be looking for drivers as they are texting as they drive or talking while holding cell phones. new statewide numbers show more than 425,000 tickets were passed out for people using their phones as they drive. in 2011, more than 4300 people were killed in crashes that were blamed on distracted driver. if you get a ticket, it can cost you about $159 or more. >>> let's check in
has been issued for a missing man from danville. police say 83-year-old nicholas paul tetino was last seen leaving his home yesterday afternoon. police were able to talk to him by within but they say he sounded -- by phone but they say he sounded disoriented. he may be driving a camera. >>> president obama is in israel. we want to show you a picture out of jerusalem. these are live pictures right now, where you can see president obama. it looks like he's hearing from sol young children. a little girl at the microphone. at this point, he's at the residence of shimon peres. the two men are scheduled to take part in a tree-planting ceremony. then later today, president obama will meet with benjamin netanyahu. coming up at 7:15, the hot topics on the meets with the israeli leaders. >>> well, now we're less than a week away from the day the u.s. supreme court will hear oral arguments on proposition 8. next tuesday the court will hear arguments before or against prop 8 along with another same-sex marriage case. the challenge to the federal defensive marriage act. yesterday, the court said i
for a missing man from danville. police say 83-year-old nicholas paul tetino was last seen leaving his home yesterday afternoon. police were able to talk to him by within but they say he sounded -- by phone but they say he sounded disoriented. he may be driving a camera. >>> president obama is in israel. we want to show you a picture out of jerusalem. these are live pictures right now, where you can see president obama. it looks like he's hearing from sol young children. a little girl at the microphone. at this point, he's at the residence of shimon peres. the two men are scheduled to take part in a tree-planting ceremony. then later today, president obama will meet with benjamin netanyahu. coming up at 7:15, the hot topics on the meets with the israeli leaders. >>> well, now we're less than a week away from the day the u.s. supreme court will hear oral arguments on proposition 8. next tuesday the court will hear arguments before or against prop 8 along with another same-sex marriage case. the challenge to the federal defensive marriage act. yesterday,
francis will put on a fisherman's ring during the mass that once belonged to pope paul vi and the code of arms will be simple. earlier he met with the president of argentina, which might have been a little awkward since the two clashed over the president's socially liberal policies when the pope was archbishop of buenos aires. joe biden will lead the delegation tomorrow. house democratic leader nancy pelosi is also a member of the delegation along with a bipartisan group of nine leaders that includes anna eshew biden is the first roman catholic of the united states. today he's meeting with leaders in italy. we'll go live to rome in a few minutes for more on the ceremony. >>> police officers are fan out all over southern california and look they will be looking for drivers as they are texting as they drive or talking while holding cell phones. new statewide numbers show more than 425,000 tickets were passed out for people using their phones as they drive. in 2011, more than 4300 people were killed in crashes that were blamed on distracted driver. if
to the downside. connell: going to breaking news out of washington with the house approving congressman paul ryan budget. cheryl: peter barnes is live from capitol hill with more. peter: the members of the house are now popping out of town like a pack of easter bunnies. they have approved paul ryan's budget that would balance over the next ten years. let's start with the continuing resolution to keep the government open for the rest of the year. it does not stop the sequester, but does give the pentagon the way to implement them. this would repeal obamacare to save about $1.5 trillion. it would budget additional spending cuts totaling about 5 trillion over ten years. this is just a blueprint. it is dead on arrival over in the senate. now, the president will be releasing his budget sometime next month. two months late one republic leader noted in this air of arch madness. >> we still have no budget from the president in violation of the law. he gets his ncaa bracket in on time, but still no budget. this is the fourth time. >> it is founded on the failed idea that giving another round of tax cuts w
the supreme court to rule on constitutionality. there was a case last year in st. paul, minnesota, a case pending before the supreme court, would have given the court a chance to take a shot at the desperate impact and whether or not it's constitutional, and there's some evidence that justice got involved and persuaded the city to withdrawal the case. i think chuck grassley wants to ask about that, and i hope the senate delves in. dagen: could be an exciting confirmation process for a labor secretary. >> deservedly so. dagen: than seen in the past. what else should they ask about perez's background? >> well, it's -- i think he's emblematic of and administration thatments to use the rule of law selectively to help some people instead of others and use statistics selectively. for example, the same statistics that show blacks receive loans at lower rates than whites, show whites receive them lower than asians. no one accuses banks of antiwhite or show black banks deny blacks home loans at higher rates, and so you can't -- if you want to use statistics, you can't use them selectively, and the
back paul has threatened to leave the state of colorado over the passage of these bills. if they become law. republican congressman of indiana wrote a letter today. in that letter encouraging them to move to his home state. again, this breaking news. the colorado state legislature has passed another gun-control bill requiring universal background checks on all gun buyers and the governor, as i said, expected to sign it into law. alcohol, tobacco, gambling, pornography, no doubt that sex and san still sell big into next loudobbs@foxbusiness.com. we take a look at the numbers. president obama wants big oil to fund its own demise. we will have the latest on the president's $2 billion bright idea in green energy alec, for this mission i upgraded your smart phone. ♪ right. but the most important feature of all i.. the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what's this button do? [ electricity zaps ] ♪ you requested backup? yes. yes i did. what's in you
to suffer financially as well. we should point out, gun parts company back paul has threatened to leave the state of colorado over the passage of these bills. if they become law. republican congressman of indiana wrote a letter today. in that letter encouraging them to move to his home state. again, this breaking news. the colorado state legislature has passed another gun-control bill requiring universal background checks on all gun buyers and the governor, as i said, expected to sign it into law. alcohol, tobacco, gambling, pornography, no doubt that sex and san still sell big into next loudobbs@foxbusiness.com. we take a look at the numbers. president obama wants big oil to fund its own demise. we will have the latest on the president's $2 billion bright idea in green energy@@ @ @ @ ♪ lou: president obama making a left turn on energy, playing back to his environmental base of delaying decisions on the keystone xl pipeline. the american petroleum institute joins us with industry reaction in just a moment. consumer confidence slipping unexpectedly in march. the dow record-setting run
't anybody in the gop that has that message. >> i would argue there's a spark of jack kemp in paul ryan, in marco rubio, in bobby jindal. jack kemp lives in the hearts of progressive republicans. >> larry sabato, last word. >> the republicans need jack kemps of all genders. >> we all need more time. we'll do another jack kemp segment. that's it for tonight's show. thanks for watching. boy do i miss jack kemp.
passed the the latest version of paul ryan's budget. they did this in the same stupid way washington does things. budgets are not meant to be presented for a partisan vote like this one. they are meant to be discussed and negotiated. none of that has happened since 2009. >> let's break it down. there was no new taxes, it would curb spending by repealing obama care and eliminate the deficit in ten years. $4.6 trillion in cuts. zero chance of passing in the democratic-controlled senate, it's dead on arrival. >> lawmakers in the house and senate approved legislation to fund the government through the end of september. that avoids the risk of a partial federal shutdown. in the process, they are on spring break for a couple weeks. what's your take on this? >> my take is the whole financial dysfunction of our congress is mind blow iing. you look at this week. let's say frederick, maryland, where there's air traffic control that will be shut. a tower that was built by the stimulus money. so stimulus money went into this tower. the government saying it's a priority. and the the government because
the litmus test is elections. paul ryan was on the national ticket. he basically argued as did mitt romney, on the very well thing that the house republicans just passed. and the voters cast farvotes for more votes for u.s. senate candidate who is were democrats and far more votes for democratic candidates for the house of representatives. so that's the way we resolve these differences in our country, by elections. it was not really a very close call? >> the fiscal issue has not been resolved i. of course, it hasn't been resolved. hold on, mercedes, let's acknowledge what has happened, the deficits have dropped now for 3 straight years at a rate lower -- faster pace than we have seen since the end of world war ii. nobody wants to acknowledge that. but they are coming down because we did have to engage in emergency spenning when the chitanked and we are coming out of that. we have to have balance -- that's good. but what is really good is job creation and a strong economy. we are seeing the effects of austerity. they would trade our economy for theirs in a success. in realtime, as consequen
to be somewhat bigger. so i don't really know the answer to that question. my predecessor paul volcker explained the only contribution financial industry is the automatic teller machine. i don't know the answer. a much bigger sector can be defined by the wider range of services globalized financial economic system that we have put the exact number i cannot really say. >> i have a follow-up question. do you think it was appropriate or fair to impose the bank deposits in cyprus, even those insured by the european union? thank you. >> have not been involved in those conversations i don't necessarily know the details. they are grappling with a very difficult problem. i think the issue they face is that there is a pretty big hole, financial hole, in a sense there is a fiscal issue and there is a bank restructuring capitalization issue. they are looking for resources where they can find them. i think everybody understands there are certain risks with that besides the equity issue of lower income people. there is the issue of setting a precedence that might reduce confidence in banks in subsequent time
than paul revere with a cell phone. ronny: why not? anncr: get happy. get geico. fifteen minutes could save you fifteen percent or more. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit
don't really know the answer to that question. i think that my predecessor, paul volcker's claim, that the only contribution to the financial industry is the automatic teller machine, might be a little exaggerated. i know that some people have that view. but, again, i don't know the answer. i think a somewhat bigger financial sector can be justified by the wider range of services and the more globalized financial and economic system that we have, but the exact number, i can't really say. >> hi, i'm jeremy. i have a follow-up question on cyprus. as a central banker, do you think it was either appropriate or fair to impose a levy on every bank deposit in cyprus, even those insured by the european union itself? thank you. >> well, i've not been involved in those conversations and i don't necessarily know of the details. so i know they're grappling with a very difficult problem. i think the issue they face is, that there's a pretty big hole, a financial hole in the sense that there is a fiscal issue and there's also a bank restructuring, recapitalization issue. so, they're looking fo
. they didn't. then markets rebelled and interest rates went up and up and up, and then came paul volcker, with the most draconian policy to put things right, with terrific attention to human suffering. it seems to me something like that will happen now. markets are enthralled to these central bankers. it's astonishing after so many years of demonstrated human error on the part of these mandarins, people still seemingly trust them. but they do, for now. they won't always. >> well, we'll be watching that. you hope it doesn't end as badly, but certainly, we've got history on that side. jim, good to have you on the program. >> thank you, maria. >> thank you for your brackets and your analogy to march madness. >>> up next, nike is named after the greek goddess of victory. do they have victorious earnings? >> the top line came in a little bit light at 6.19 billion. the estimate has been for over 6.2 billion, about 6.23. part of the reason they did see their revenues up 9% in every geographic area except for greater china and japan. they said every category except sportswear and action sports.
there were people in the bushhi administration who thought that. i think paul wolf wit would have been a proponent of that, that you could create a democracy ino iraq and have a catalytic effect on the region. but, you know, before we go totally from one extreme to the other, that, you know, nothing-- that history has actually comeng to an end and nothing can change in iraq. you know, in the glass one-quarter full side, they had elections. the u.n. validated the results. they weren't fraudulent. they were a lot more honest than they were in afghanistan. they have a parliament. the council of representatives. they passed a budget recently. there is political life in iraq. it's--y. it's-- whatever malikis an authoritarian figure but he's nothing like a saddam by anybody's estimation. so i just-- while there are reasons to be concerned in iraq and reasons to worry about the future, i don't think we should paint an entirely dark picture. and i think if you asked iraqis you'd get different perspectives. if you asked the kurds, i think they're glad there was the invasion. they have more auto
sachs' paul o'neill summed it up on "squawk" this morning. >> i got off a plane from singapore saturday morning and i thought my jet lag was up but i was misleading the story. this has all sorts of possible consequences. the consequences of this are not going to put the genie back in the bottle even by erratic thund i of the past years. h is a biggie. >> it is a biggie because it calls into question the sanctity of bank deposits not just in cyprus but all across the eurozone. this is a line outside an atm in cyprus. the banks there closed until thursday. people rushing to pull out as many euro as they could. usually 400 per day. but many of those atms out of cash. this story also includes the russian mob, folks. more on that in a minute. but first, i've been talking long enough. here's sue. >> i was just checking the market. actually things are holding up pretty well. the white house says it is monitoring the cyprus situation closely despite those fierce, u.s. markets are indeed holding up. only down 14 points. the dow was done triple digits when trading began in the morning. quite a co
paul, steve paul. >> one of the biggest gainers of the nasdaq on any size and they're buying back from takeda pharmaceuticals. this is a slow-bowel recovery drug. >> wouldn't you love to have them on your show? >> good for you. >> i blocked your show. >> it's getting tight. >> yeah. we are silently competitive. >> if i was in the new lulu lemon yoga pants i would be sweating through them now. it's getting hot in here. >> i wouldn't stink. >> the market demands transparency and they're getting it from lulu lemon. >> big time. big time. >> how long were you practicing that line? >> no, i just made it up right now. >> you want to go sexist? will mandy be on lulu tonight? >> why isn't sexist? >> it could be a man or woman, anybody! >> you trash a lot of icons and idols on the show. you're not afraid! >> no, i'm not. because i'm a foot taller than anybody else on the networks. >> he would step on me. >> you're a nose tackle and at 3-4, you're going to be incredible. >> cardinal health down 6% declining on the back of abc amerisourcebergen and walgreens signing a ten-year deal so essentially
. congressman paul ryan's budget proposal of the only one of the bills is expected to make it to the president's desk. peter barnes is with us with the late e. at least they did something, peter? >> now they have hopped out of the town for the easter recess. the house, passing that continuing budget resolution to keep the government funded through the end of the fiscal year in september, avoiding a government shutdown. that one headed to the president's desk for signature. the house also approved on party-line vote paul ryan's republican budget that cuts $4.6 trillion in part by repealing obamacare. republicans calling out the president today for delaying his budget until next month. it's budget march mad mess in washington. >> we still have no budget from the president in violation of the law of the he gets his ncaa bracket in on time but still no budget. this is the fourth time in five years of the he set a new record this year. two months with no plan. >> but the ryan budget is dead on arrival in the senate. >> it's not the right mix. yes, we need to balance our budget but we also need a bu
to paul states in the u.s.? former nfl quarterback drew bledsoe will be here. he is calling and interference. that is coming up. tracy: the dow is down about 109 points. take a look at your currencies. we will be right back. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your fe upside down. >> hi. >> hi. u know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announc: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacd. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you after
is trying to do that now, connell. reaching out to the public senators and paul ryan. we made a deal on the but with newt gingrich. the same thing needs to be done now. dagen: something really struck me. i do not mean to harp on it. the average american wakes up in the morning, you tell me how he feels or she feels that deficit with the daily impact. you kind of hurt that a little bit and what the president living in that abc news interview as well. is that a new track for the democrats. >> first, they went too far with the fears of armageddon. the democrats overplayed their hand. on the other hand, it is the case that the ordinary american is in having a better life in their parents. they are worried about reform plans. they are uncertain and they are nervous. dagen: $17 trillion debt, the average american is not having the impact on the lives. >> i am disagreeing. the democrats overplayed their hand with fear. we have tepid economic growth. we are not seeing the revitalization of the economy on main street. connell: regular people -- >> so-called great rotation into stocks from bon
of this in the west too. john paul was worried about the mindfulness of the stone and we need to get perspective. general mills and google and others that are more cutting edge in technology and style. ceos of goings, tupperware. sheryl sandberg was a yoga instructor. >> jeff, jeff. hold on. all those people that you're mentioning, and this is a problem i'm curious too. i talked earlier about the culture of an solution. when you're ceo, you manage your own time. if you need 20 minutes to meditate you can probably organize around it. if you're a young analyst on wall street, for example, or engineer that has a problem that's due tomorrow at 1:00 p.m. it's not so clear you can died, okay, i have to go take my nap now. i have to meditate. then i have to go to the gym. and i can tell my boss it's just fine. >> andrew, that's a really important issue. he named the the champions. and he was a champion. brought it in the exxon mobil. brought it in to goldman sachs and places where you're involved is hard if it doesn't take root in the culture. in yale, we have annan throw policy that teaches yoga. we h
to try? of course. this is america. he can spend his money as he pleases. this this from paul, i hope and pray that he can buy gun control. the gun makers have much more money and they're buying prevention of gun control. facebook.com/carolcnn or tweet m me@carol cnn. >>> these unexpected winners are ruining brackets left and right. we'll have the highlights for you next. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra points with the double your hhonors promotion and feel the hamptonality. if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is important, especially if you have high cholesterol plus any of these risk factors because you could be at increased risk for plaque buildup in your arteries over time. and that's why when diet and exercise alone aren't enough to lower cholestero
, 2013, to bring undo that bracket. seven brackets we have going on right now. paul ryan wants two. don't think he will get that i asked him about that, what are the deductions, how is this working? here's what he had to say. >> one of the other complexities introduced on that fiscal cliff tax bill was the introduction of what we call the ps provision, which limits your overall deductions, state and local tax deductions and other deductions will be limited. so now you have to go back to your accountant and figure out, well, if i, if i do this deduction, will it be limited in some fashion? >> hence the idea, again uping charitable donations for this year, or, other issues. i mean you've got to remember you have the obamacare tax, the medicare tax. that is kicking in this year. that is affecting tax-filers this year and next. and amt. think about what amt does to people in high net worth states, new york, new jersey, connecticut, california, illinois. these are states where you have higher incomes, hence more of those middle class, middle class, firefighter in staten island with the famil
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